FNOTrader - Options Analysis Tools - Option OI (Open Interest)
With this feature, you can focus solely on the Open Interest activity over a period of time.
With this feature, you can focus solely on the Open Interest activity over a period of time. For example, if you want to analyse how the Open interest has changed for a certain time period, you will be able to do that by specifying the start and end time or select for the last 15min / 30min / 1hr / 2hr / 4hr / Entire Day.
Selection Options
Option to select the symbol, expiry date and date of data to be viewed and number of strikes
Note - We do not have historical data of expired options, the date selection is for the active expiries only.
Time Selection (Start and End Time)
By default, you will see the start time as 9:15 and end time as current time during the market hours, or 3:30 once the market is closed.
You will also have the ability to change the start time or end time to see the open interest and change in open interest between the 2 selected time intervals.
Time Selection (Last X mins/hrs)
If you want to see the change in open interest of the last X minutes or hours, this is a quick way to see them.
You will have the option to select Last 15 mins, 30 mins, 1 Hour, 2 Hours, 4 Hours or Full Day.
Total Open Interest / Change in Open Interest
Shows the Total Open Interest and Total Change in Open Interest of Call and Puts for the selected strikes.
In the next post, we will share a feature that will help you understand components of the options premium and how you can use to select right strikes for Option Buying or Selling.